United States-Dominican Republic Trade: In 2022, United States exported $13.7B to Dominican Republic. The main products that United States exported to Dominican Republic were Refined Petroleum ($2.42B), Petroleum Gas ($1.37B), and Crude Petroleum ($740M). Over the past 5 years the exports of United States to Dominican Republic have increased at an annualized rate of 11.7%, from $7.88B in 2017 to $13.7B in 2022.
In 2017, United States exported services to Dominican Republic worth $2.38B, with Transportation ($930M), Travel ($918M), and Financial services ($198M) being the largest in terms of value.
Dominican Republic-United States Trade: In 2022, Dominican Republic exported $6.85B to United States. The main products that Dominican Republic exported to United States were Medical Instruments ($1.18B), Rolled Tobacco ($952M), and Low-voltage Protection Equipment ($791M). Over the past 5 years the exports of Dominican Republic to United States have increased at an annualized rate of 6.67%, from $4.96B in 2017 to $6.85B in 2022.
In 2022, Dominican Republic did not export any services to United States.
Comparison: In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).
Company data: In 2023, leading companies such as Del Monte Foods (6.21k), Ayco Farms (3.59k), and Family Tobacco Traders (1.81k) were at the forefront of exporting goods from Dominican Republic to the United States. Conversely, Bandegua S A (2.85k), Agrobassy Y Compania Limitada (2.55k), and Hayco Dominican Republic (1.8k) were notable for importing products to Dominican Republic from the United States.